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    Reference: 20070370
    Release date: 3 April 2008

    Promoter – Financial Intermediary

    CEPS a.s.

    Location

    Description

    The project is the promoter’s investment programme for 2007/2008. It consists of a large number of technically independent, geographically dispersed schemes. Main investment components are transformers, substations and overhead lines.

    Objectives

    The Programme will increase the security of supply in electricity, i.e. reliability and quality of transmission, due to modernization of existing facilities and connection to new sources. It is expected that system losses will decrease due to installation of new equipment.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 45 million

    Total cost (Approximate amount)

    EUR 90 million

    Environmental aspects

    Depending on their technical size and location, the components of the investment programme can fall under Annex I or II of the EIA directive 85/337/EC and its amendments of 1997 and 2003. Further details are to be assessed during appraisal.

    Procurement

    The promoter is subject to the requirements of the EU Procurement Directive 2004/17/EC and committed to compliance.

    Status

    Signed - 30/06/2010

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Czech Republic Energy